African oil producer Equatorial Guinea will next week pass a new package of favorable terms for oil explorers, with the ...

Oct 13 - OPEC on Tuesday raised its forecast for world oil demand growth in 2027, citing the need for the world to rebuild ...

The group of oil-rich countries raised its forecast for next year’s demand growth driven in part by the need to replenish oil ...

The Organization of the Petroleum Exporting Countries (OPEC) lowered its forecast of global oil demand growth for this year, ...

Saudi Arabia reported to OPEC that its crude production jumped by a third last month, recovering from the lowest in more than ...

The organization now expects it to reach 400,000 barrels per day, compared to 1.4 million barrels per day at the beginning of the year.

Discover the surprising dynamics of global crude oil production, highlighting the roles of non-OPEC countries like the US, ...

Nigeria’s total daily average production of crude oil and condensate rose to 1,717,030 barrels per day (bpd) in September 2026, marking a 2.34 per cent increase from August levels, as the country ...

Sanaz Sohrabi’s feature-length documentary “An Incomplete Calendar” uses archival materials to reframe the oil cartel as an ...

OPEC held back-to-back high-level meetings with the world's second and third largest oil consumers. The eighth OPEC-China ...

By Alex Lawler and Olesya Astakhova LONDON, Oct 13 - Oil producer group OPEC+ posted a sharp gain in production in September, ...

Ministers of OPEC and non-OPEC Participating Countries in the Declaration ​of Cooperation said shipping and ‌insurance costs have surged to unprecedented levels of over one third of the ​commodity ...